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Boyes Turner has advised the shareholders of luxury haircare retailer Luxurious Look, on its sale to skincare and beauty specialist, Face the Future, as it significantly broadens the range of premium haircare brands it offers.
Face the Future has a 20-year history of providing premium skincare to customers around the globe and expanded into the haircare category three years ago. The acquisition of Luxurious Look, which offers luxury brands such as Davines, AVEDA, Aesop and Milk_Shake, is an important step in the company’s growth.
Chris Dobson, Partner and Head of Corporate, and Joe Rogers, Associate Solicitor, also in Boyes Turner’s Corporate team, led the deal.
Commenting on the transaction, Luxurious Look’s joint-founder, Mark Readman said: “Fay [Readman] and I have decided that now is the right time for Luxurious Look to grow as part of a larger organisation, with the right resources and expertise, to take the brand to the next level. The synergistic opportunity Face the Future presented, itself being a family-run business under the stewardship of Paul and Julia [Thompson], was a perfect fit.”
On the role Boyes Turner’s corporate team played in the deal Mark added: “Boyes Turner were fantastic all the way through the process, from the initial advice through to completion. They really cared about getting us a good outcome and often went the extra mile to ensure that happened”.
Chris comments: “It was a real pleasure helping Mark and Fay get the sale over the line. Finding the right home for the business as it scales up was always key to them and it was clear from the outset that this transaction presented that opportunity. All parties approached the process in a really collaborative and pragmatic manner so we’re delighted to have been involved.”
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